HOMEMADE CHOCOLATE BUSINESS PLAN SAMPLE
A homemade chocolate business is a business that can be started by virtually anyone. You do not need the best education or the even any level of experience in business before you can setup a homemade chocolate business.
Now, the fact that not very much is required to start a homemade chocolate business does not imply that you get into this business much unprepared. There should be something on ground to make you homemade chocolate business very successful. Some of the things that you need to run a homemade chocolate business are a good location and basic accounting skills.
To properly set up a homemade chocolate business, you will also need a business plan. Well, if you are not familiar with writing a business plan, this article contains one. The homemade chocolate business plan sample contained in this article will be of great help in helping you come up with the ideal homemade chocolate business plan for your business.
Here is a business plan for starting a chocolate business at home.
Business Name: Chic-chic homemade chocolate business
- Executive Summary
- Our Products and Services
- Vision Statement
- Mission Statement
- Business Structure
- Market Analysis
- Sales and Marketing Strategy
- Financial Plan
- Competitive Advantage
Chic-chic homemade chocolate business will be based at Beverly Hills, California. It is owned by Mary Coleman, a former manager in one of the very well-known candy stores in the United States. We have already secured a facility that will be ideal for a startup company. As a company that is into the production of edibles, we ensured that the facility is hygienic before choosing it.
Chic-chic homemade chocolate company is not just into the business of making chocolate to earn a living, we are looking to become “the next big thing” in the world of edibles such as chocolates, sweets, chewing gums etc.
Our Products and Services
At Chic-chic homemade chocolate company, we are majorly into the production of homemade top quality chocolate. However, that is not all that we are into. We will also be involved in the retail sales of other products like biscuits, sweets, etc. Chic-chic homemade chocolate business was set up for the purpose of making good gains. As a result of this, we will do everything that is okay by law to make sure that we make maximum profit.
Some of the many products that we will make available to the public are;
- Homemade chocolate
- Chewing gums
As a homemade chocolate business, we will have to first gain popularity in our neighborhood before becoming established in our town, as a result of this, our vision at Chic-chic homemade chocolate company is to dominate the homemade chocolate industry in our locality as quickly as possible and also become a top brand in our town in just about 6 months of doing business.
At Chic-chic homemade chocolate company, our mission statement is to establish a very successful homemade chocolate venture that will break into the chocolate market in not only our town but in other major city in the United States.
The foundation of every business is a strong indication of success or failure. We are very aware of this fact. This has spurred us to take the right step in ensuring that we do not only have the right structure to keep our business flourishing but we also have the right foundation to last us a long while.
We are looking to set up a brand that will not just become a house hold name in the chocolate industry but will compete for a space among the most prominent chocolate brands in the United States.
To get this done, we are going to hire only those that we are sure can meet very tight deadlines as well as work under instruction.
The homemade chocolate industry is not a new one. It has been existing for quite a long time. This is one reason there are homemade chocolate businesses in every part of the United States. Usually, homemade chocolate business are sited around areas with a high population of children. Some of these places are schools, places of worship and relaxation spots.
Sales and Marketing Strategy
Our major strategies to make it to the top rapidly in this business is to ensure that our potential clients are aware of our existence. We intend to make this happen by doing the following;
- Printing handbills and dropping them in public places
- Getting a strong online presence
- Selling at a price that is lower than those of other homemade chocolate businesses.
The customers that are available to the homemade chocolate industry are mostly children, and young adults. This makes it really easy to come up with a target market. Due to the fact that children are known to consistently consume more homemade chocolates than adults, we have decided to focus our attention on children. That however does not mean that we are taking attention away from other potential customers.
Our target market consists of
- School Children
- Newly married couples
Source of Startup Capital
A homemade chocolate business is one that does not require so much cash to get started. We are looking to set up this business with $50,000. We have come up with 70% of this amount, the remaining amount will be gotten from the bank.
Our competitive advantage at is the fact that we have our outlets in strategic parts of town. With this, we will definitely get into the face of every single passerby.
This is a homemade chocolate business plan for Chic-chic homemade chocolate business. This business will be located in Beverly Hills, California and will be setup with $50,000.
Are you interested in starting up a homemade chocolate business, and you are looking for a homemade chocolate business plan sample to use as a template in writing a business plan for your homemade chocolate business?
Here is a chocolate making business plan sample to serve as a template for writing a good business plan for your homemade chocolate business.
There are many factors one has to consider before starting up a homemade chocolate business. The most important of which are, the right location, and the right target market. The homemade chocolate business is one that entails retailing to consumers a host of products such as chocolates, candies, sweeties, toffees, chewing gums, etc.
Without further ado, here you have it!
BUSINESS NAME: Angie Simpsons Homemade Chocolate Store.
Sample Homemade Chocolate Business Plan Template and Feasibility Report
Products and Services
Sales and Marketing Strategy
Angie Simpsons Homemade Chocolate Store is a neighbourhood homemade chocolate retailing business. Angie Simpsons Chocolate business will be located in a corner piece location in Oregon, United States. We will be committed to retailing homemade chocolates as well as retailing a broad range of candies, sweeties, toffees, chewing gums, etc.
The business will be owned by Angie Simpsons, a graduate of University of Michigan, and who has loads of experience working in the industry for more than 10 years. The business is committed to becoming rated as the number one consumers’ choice homemade chocolate business in Oregon, and counted among the top 10 leading homemade chocolate businesses in the United States.
The startup investment sum needed is $200,000. $75,000 of the startup investment capital will be contributed by the owner, Angie Simpsons, from her investments and savings. $50,000 will be borrowed from close friends and family, while the remaining $75,000 will be obtained as loan from the owner’s bank.
Our vision at Angie Simpsons Homemade Chocolate Store, as a neighbourhood homemade chocolate business, is one that is very simple and straightforward. Our vision is to become the number one consumers’ choice homemade chocolate business in Oregon, and to become rated among the top 10 leading homemade chocolate business in the whole of United States.
Our mission as a neighborhood homemade chocolate retailing business is to become a number one consumer’s choice that is committed to establishing a successful and reputable homemade chocolate brand which will grow from just one store to a chain of stores in Oregon and the United States, fixated on serving nothing short of the very best services to our customers all over the United States.
It is true that the success of a business is highly dependent upon the foundation on which it is built. This is why we have resolved to be committed in hiring only the right employees to work with us. Our business will be established to be able to compete favorably with other businesses in the industry.
In view of that, we have shortlisted the following key positions, in no particular order, to be occupied by competent, honest, and qualified employees:
- Human Resources and Admin. Manager.
- Store Manager.
- Merchandize Manager.
- Homemade Chocolate Markers.
- Customers Services Executive.
PRODUCTS AND SERVICES
At Angie Simpsons Homemade Chocolate Store, we are committed to providing the very best services to our customers; at the same time, we are seriously in business to make profits. We will make sure we actualize our business goals and objectives. This, we will do under the law of the United States, complying with all the laws and requirements as within the confines of the United States.
Bearing this in mind, we will offer the retail sales of the following key products /items in our homemade chocolate stores:
- Hard Candy.
- Dark Chocolate.
- Homemade Chocolate.
- Milk Chocolates and Caramels.
- Soft Candies or Creamy Candies such as candy corn.
- Gumballs, and
- Chewing gums.
Homemade Chocolate retailing business is one business that has existed for such a very long time. It is not out of place to find small scale homemade chocolate stores in various street corners.
It is also very typical to find homemade chocolate businesses establishing their businesses in locations that have the right target market. This is why it would be stupid for one to establish his homemade chocolate retailing business in areas that are highly populated by old people.
One would rather establish his homemade chocolate retailing business in a place populated by children such as schools, religious gatherings, etc.
Our target market as a neighborhood homemade chocolate retailing business includes, but not limited to, the following:
– School Children.
– Single Men and Women.
– Expectant Mothers.
– Business People.
SALES AND MARKETING STRATEGY
Before choosing the location of our homemade chocolate retailing business, we carried out a thorough market study. We will do everything within our means to make sure we employ the right sales and marketing strategy that targets our desired customers and propels us to our business goals and objectives.
We will make sure we first, send introductory letters and our business brochure, to schools, households, students, etc. We will encourage our customers to help promote our business with the use of word of mouth publicity. We will ensure to position our billboards in strategic areas in Oregon.
We will not fail to promote our business by leveraging on the media; we will promote our business by advertising our business on radio and television stations, local business magazines, etc. We will also not fail to establish a functioning website for our business, and create a Facebook page, as well as connect on Twitter and Instagram.
The total startup investment sum that will be required for Angie Simpsons Homemade Chocolate business is an estimated amount of $200,000.
Sources of Funds
Part of the startup investment sum will be sourced from the owner, Angie Simpsons. The other parts will be obtained as loans from friends and family, and from the owner’s bank. $75,000 will be contributed by the owner from investments and savings; $50,000 will be borrowed from friends and family; while the final $75,000 will be borrowed as loan from the owner’s bank.
Below is a sales projection for Angie Simpsons Homemade Chocolate business for the next three years. This projection is based on a number of factors such as location of the homemade chocolate business, as well as obtainable statistics in the industry.
This projection nonetheless does not consider the emergence of a major competitor within the same location, and does not also factor the occurrence of any major economic meltdown.
Year One $60,000
Year Two $150,000
Year Three $350,000
Above is a detailed Homemade Chocolate business plan. The business plan sample presents all the vital aspects of the business that you are required to give attention to. It presents the business’ executive summary, the business’ goals, vision and mission, and the various ways the business’ goals will be actualized putting in place the needed sales and marketing strategy; as well as the kinds of products the business will offer to its target market.
It is only hoped that this business plan sample will provide a useful template for you in writing a good business plan for your Homemade Chocolate business.